NOT LISTED FOR SALE

Estimated Value: $599,000 - $822,805

4.5 Acres
$152,430 Price per Acre
196,020 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $57,500

Est. 1,093% increase in value since last sale

Current estimated payment $4,311/month

281 Days on Market

Highlights

  • Lake On Lot
  • Waterfront
  • Wooded Lot
  • Gated Community
  • Creek or Stream View

About This Lot

As of October 2022

This lot is located on Lake Shelby, the largest of the 3 stocked and managed lakes in Lookout Highlands and is the only lake lot available. There is an elevated home site with views of the lake and even a small stream running along on side of the lot. Lookout Highlands is a 1,500 acre rustic gated community that has 667 ac +/- of Common Area with lakes, streams, western valley views, waterfalls, wild game and trails making it feel like a private park. Lookout highlands is conveniently located 35 minutes from Chattanooga and less than 2 hours from Atlanta, Huntsville and Birmingham. Lookout Highlands is located next to McLemore Golf resort and only a few miles from the famous Canyon Grill.

Last Listed By

Ira Grimes III

Lookout Mountain Real Estate License #249358 Listed on: 12/21/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $597

Year Built

  • 2024

Lot Details

  • 4.5 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Rural Setting
  • Irregular Lot
  • Wooded Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Creek or Stream Views

Schools

  • Dade County Elementary School
  • Dade County Middle School
  • Dade County High School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 047 00 021 Ls15

Community Details

Overview

  • New Association
  • Lookout Highlands Subdivision

Security

  • Gated Community

Recreation

  • Lake On Lot

Property Details

Property Type

Land

Est. Annual Taxes

$597

Year Built

2024

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 4.5
  • Lot Size: 4.5 */-
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lookout Highlands
  • Directions: LOCATED IN LOOKOUT HIGHLANDS, A GATED COMMUNITY ON TOP OF LOOKOUT MOUNTAIN LOCATED ON GA HWY 157 4 1/2 MILES SOUTH OF GA HWY 136. GATE CODE NEEDED TO ENTRANCE GATE.
  • Location Tax and Legal Parcel Number2: 047 00 021 Ls15
  • Location Tax and Legal Elementary School: Dade County Elementary
  • Location Tax and Legal High School: Dade County High
  • Location Tax and Legal:Tax Annual Amount: 597.43
  • General Property Information Lot Size Acres: 4.5
  • General Property Information Lot Size Square Feet2: 196020.0
  • General Property Information Lot Size Dimensions: 4.5 */-
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Location Tax and Legal Middle or Junior School: Dade County Middle
  • General Property Information Senior Community YN2: No
  • Utilities Phone Available: Yes
  • General Property Information Flood Zone YN2: No
  • Utilities:Water Available: Yes
  • View:Water2: Yes
  • Lot Features Rural: Yes
  • Road Frontage Type:Private Road: Yes
  • View CreekStream2: Yes
  • Status Change Information Association Name 2: New
  • Special Features: None
  • Year Built (Public Record): 2024

Interior Features

  • Possible Use: Single Family
  • Community Features:Gated: Yes

Exterior Features

  • Lot Features: Irregular Lot, Lake On Lot, Rural, Split Possible, Wooded, Will Not Divide
  • View: Creek/Stream, Water, Other
  • View: Yes
  • Waterfront: Yes
  • Other Structures: None
  • Lot Features:Split Possible: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Lake On Lot: Yes
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available

Condo/Co-op/Association

  • Community Features: Gated
  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Dade County Elementary
  • High School: Dade County High
  • Middle Or Junior School: Dade County Middle

Lot Info

  • Lot Size Sq Ft: 196020.0
  • Parcel #: 047 00 021 Ls15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 597.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Oct 20, 2022
Sold by
Barnes Stephen E
Bought by
Fox Ray Porter
Seller's Agent
Ira Grimes III
Lookout Mountain Real Estate
Buyer's Agent
Ira Grimes III
Lookout Mountain Real Estate
List Price
$93,000
Sold Price
$57,500
Premium/Discount to List
-$35,500
-38.17%
Total Days on Market
281
Current Estimated Value
$685,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,435
Avg. Annual Appreciation
102.78%

Purchase Details

Closed on
Mar 29, 1995
Sold by
Mcgee George
Bought by
Barnes Stephen E and Barnes A

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fox Ray Porter $87,500 --
Barnes Stephen E $18,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2022 10/20/22 Sold $57,500 -38.2% --
09/28/2022 09/28/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $93,000 -- --
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,887 $224,680 $96,000 $128,680
2023 $761 $34,000 $34,000 $0
2022 $568 $25,600 $25,600 $0
2021 $573 $25,600 $25,600 $0
2020 $597 $25,600 $25,600 $0
2019 $603 $25,600 $25,600 $0
2018 $614 $25,600 $25,600 $0
2017 $614 $25,600 $25,600 $0
2016 $612 $25,600 $25,600 $0
2015 $598 $25,600 $25,600 $0
2014 -- $22,400 $22,400 $0
2013 -- $22,400 $22,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1347667

Greater Chattanooga REALTORS®

APN: 047-00-021-LS15